NOT LISTED FOR SALE

5772 Lax Lake Rd Silver Bay, MN 55614

Estimated Value: $175,000 - $192,898

2 Beds
-- Bath
520 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $170,000 $327 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,052/month

11 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Living Room
  • Lake View
  • No HOA
  • 1-Story Property

About This Home

As of July 2024

The lake life is calling! Sweet, rustic 2 bedroom cabin, ready for you to move right in and be at home on beautiful Lax Lake!! A deck to sit out and enjoy all the sights and sound that living on the lake has to offer.... 100 ft of frontage and not far from the public landing for fishing, ice fishing, swimming, boating , all season recreation! Make your appt to see this great place today! Property/cabin is being sold completely AS IS There is a hand dug well, present owners have not used it.

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 06/21/2024

Last Buyer's Agent

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 06/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,080

Lot Details

  • 0.28 Acre Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 520 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views
  • Range

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Private Water Source
  • Dug Well
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-5608-12586

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,080

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to Hwy 1 to left on Lax Lake Rd to property
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 326.92
  • Road Maintenance: Public
  • Property Sub-Type: Seasonal
  • Tax Year: 2024
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 520
  • Garage Type: None
  • Heat: Wood
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Other
  • Stories: 1 Story
  • Room 6: Deck
  • Total Fin Square Footage: 520
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 100
  • Waterfront Name: Lax
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Coop Power & Light
  • Sewer: None
  • Water: Dug, Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2024-06-21
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.28
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 26-5608-12586
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 19, 2024
Sold by
Rock Island Home Watertown West Metro
Bought by
Enebo Daniel and Crosby Laura
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
87
Current Estimated Value
$180,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,975
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Jun 18, 2021
Sold by
Miller John C and Miller Beverly A
Bought by
Ernest Brock E and Ernest Cassie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Enebo Daniel $170,000 --
Ernest Brock E $110,000 None Available
Ernest Brock Brock $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ernest Cassie L $125,000
Previous Owner Miller John C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $170,000 -2.9% $327 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $175,000 +15.9% $337 / Sq Ft
11/30/2021 11/30/21 Sold $151,000 0.0% $290 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $151,000 -- $290 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $726 $174,300 $81,700 $92,600
2023 $550 $175,500 $81,700 $93,800
2022 $546 $120,200 $75,400 $44,800
2021 $561 $95,700 $75,400 $20,300
2020 $590 $84,400 $75,400 $9,000
2019 $584 $80,300 $71,300 $9,000
2018 $689 $94,100 $71,300 $22,800
2017 $666 $94,100 $71,300 $22,800
2016 $648 $94,500 $71,300 $23,200
2015 $486 $94,800 $71,300 $23,500
2014 $486 $0 $0 $0
2013 $406 $0 $0 $0
2012 $451 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gigi Maxwell

    Legacy Real Estate Group LLC

    (218) 220-8729

    175 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Smith

    Red Pine Realty

    (218) 370-2094

    159 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114435

APN: 26-5608-12586

Minnesota Lake County Silver Bay 55614

5772 Lax Lake Rd, Silver Bay, MN

This home is located at 5772 Lax Lake Rd, Silver Bay, MN 55614 since 21 June 2024 and is currently estimated at $180,975, approximately $348 per square foot. 5772 Lax Lake Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

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